Leading menswear company Snitch has announced plans to open offline stores in many Indian regions, including Pune, Ahmedabad, and Hyderabad, starting in June. Seven new locations are being unveiled by the company in these regions as part of its aggressive expansion strategy.
The new storefronts can be found in Bel Road and Koramangala, Mantri Square in Bengaluru, Pune’s Amanora and Trebeca, Ahmedabad’s Shymal, Hyderabad’s Sarath City, and Vadodara’s Earth Euphoria. Nine outlets have been opened by the brand as a result of this expansion.
Siddharth Dungarwal, CEO & Founder of Snitch said, “The strategic retail expansion underscores our commitment to deliver a seamless shopping experience and premium fashion offerings to our valued customers nationwide. To surpass 30 stores by FY ’24-25, we are even thrilled about tapping into Tier-2, -3, and -4 cities alongside Tier-1 cities as we feel that fashion consciousness is rising in these regions at a strong rate”, he further added.
With the ongoing aggressive offline expansion, Snitch foresees its offline stores playing a pivotal role by contributing 30-40 per cent to the targeted Gross Merchandise Value (GMV) of Rs. 600 crore by FY ’24-25.
